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. that highligs the relaonship between globalonctionstirs a cuand cal ices.ct are distcte for eir n-english societies. andavid ho is one4, of theop reaestate agents in vancouverbritish combia andavid ho is one4, of theop reaestate agents caus kwsthiclare ok in vancouverbritish combia david's family contracting business designed and built this house specifically for asian buyers, like the hong kong chinese family who will be viewing it today. inside this $1.3illion home are many luxury atures which, davidays,redemanded. e feature of ts ng roomisrsof e it's a very rge ving room. which, davidays,redemanded. e feature of ts ng roomisrsof e then it's the high ceiling. um... you know, it makes the room very spacious. narrator: space is extremely limited in the crowded city ohong kong, but in canada, families like this o can buy theidream me building these houses, however, rees down make omtion. dsf ui for new homes like these, which are more modern and much larger than their predecessors. the cultural landscape of vancouver is being transformed nfences of asia. in hong kong, people are
were up just $0.03 to a little more than $2, well below their $10 i.p.o. price from last december. cal-maine foods slipped nearly 10% after the egg producer reported a drop in prices and higher feed costs. shares were down more than $4 to $40. oliffs natural resourd tkeac n some decent gains on the back of some positive manufacturing data from china. cliff's tacked on nearly $3 , or 8.5%. and in the commodities corner, oil and gold both posted some gains on exnsctaatiof o f scal cliff deal in washington. oil climbed a little more than a dollar to $91 o0, il but p pces still logged their first annual loss in four years. , fo1220crude-oil prices fell more than 7%12 gold climbed nearly $20 to just above n 6. ae.75ounc for the whole year, gold finished higher by 7%. and finally four out of five of the most actively traded e.t.f.s rose on the day.ou but today's buying mood on wall street hit the iph 0 s&p 50vix p e.t.f.t fell over 10%. at it fell over 10%. and that'sd onight's "market focus."'s >> susie: it's not uncommon for companies to use celebrities and pop culture to market its produ
risk," cal dooley, president of the american chemistry council, an industry lobbying group, says the chemical is perfectly safe. >> we believe they are absolutely safe, and if you look at every regulatory agency that evaluated the safety of phthalates, they have all determined that they are in fact safe for their intended use, the way they're being used in consumer products today. >> but then came the headlines that read like a parent's worst nightmare: "chemicals feminizing males" and "more birth defects seen in boys." congress reacted, passing that law on phthalates in toys. rick woldenberg is feeling the impact. he runs a toy manufacturing company called learning resources outside chicago. >> it's really perfectly good merchandise. >> he's had to throw away 3,000 toys, and he's remade the rubber duckies and plastic ice cream without the offending phthalates. but what about this child's telescope? >> this isn't soft. >> no, it doesn't have phthalates in it, or if it does, it would be on a small part on the inside. no one's going to eat the telescope. >> and yet under the law, h
a solution maybe, suze, we will see these markets get a t more volatile >> real cal mrket oeral on this friday, in our market focus we did see the major indy the major stock indices saw small losses again today, but continued to trade in narrow ranges. the s&p 500 spent the entire session in negative territory, getting no buying momentum from the drop in consumer inflation. the worst level of the day came less than an hour before the closing bell with the index finishing down 0.4% volume was 672 million shares on the big board. 1.8 billion on the nasdaq. today's drop erased the gains for the week. the dow fell 0.2% thiseek. e nasdaslped thsame. and the s&p 500 is 0.3% lower tonight compared to a week ago. the technology sector led the losers, falling one percent. the sole sector in the green was the materials sector, up 0.9%. apple was one of the culprits of the weakness in the market. hitting the stock today was a research note from investment bank jefferies indicating some apple suppliers have received cuts in their orders. it could be an indication production bottlenecks for
of republicans who realize that this next year is going to be really big. the law gist cal challenges that the obama administration will face in setting this up almost guarantees there is going to be convulsion and all kinds of problems. i think republicans see this as an opportunities to maybe point out some of the things they have been warning about. unfortunately the americans are going to have to experience it firsthand. >> not only are they going to witness it firsthand, what you are seeing here, franklin roosevelt created the regulatory state in the united states. it is this big social program that has gone forward. barack obama is the heir to the roosevelt legacy. and honestly, paul, if you what we are talking about, i think we are beginning to see the implosion of the administrative state. it is simply collapsing under its shear and unsupportable weight. it is going to be ugly and it will begin with obamacare. >> and joe, the i'm plaw men station you are -- the implementation is not going well. >> b no, it isn't. ithi is essentially a catastrophe. >> even democratic governors
got put through the metaphor cal meat grinder. it was horrible. falling from $17 to $4. as the company came into 2012 the ball was set very low. when the expectations are that low, even lousy results can take the stock hire as long as they aren't downright pitiful. last year sales nowhere near good. but in line with the street's expectations and not absolutely hard which was good enough to give the stock some lift at these levels. even though max has rallied this year, it climbed from $17. it still has a way to go before it's back to even. when you look at it in that context, this rally doesn't seem insane. office max has been trying to get its house in order. it announced it was reinstating its two cent per share quarterly dividend. not much. the stock yields about 1%. it also told us it was conducting a comprehensive capital allocation review. designed to simplify its balance sheet. a couple of important elements here. office max got caught up in the terrible lehman bankruptcy. they had bonds backed by lehman connected to timber assets. the courts resolved this in september. office m
changes mind about the free market. indeed, he even preferred cal braces tonight leading -- leaving one of his colleagues and national review to complain that he talked as if the right must acquiesce to the socialist needs and hopes of the masses and the purpose of national review was to make the opposition case. it is a good thing then -- it's a good thing then that with the exception of a born again, tonight like pat buchanan and his fellow, conservatism without anti communism has not followed in the entire capitalist footsteps of chambers. it's a good thing that it has instead remained united by the truth, that economic freedom is an indispensable constituent element of freedom in general and must therefore be dissent -- defended against all commerce emphatically, not excluding the present administration. nevertheless, i would argue that this belief, while necessary, is not sufficient and that it needs to be extended to a proper appreciation of why and how the united states of america has become one of the highest points in the history of civilization. furthermore, contrary to what m
gain. 11 states in a so culled de-cal spiral. and makers versus the takers. the man who wrote the article, why states are going broke and who is going to pay. ♪ jingle bell, jingle bell rock ♪ ♪ snowing and glowing a bushel of fun ♪ ♪ now the jingle hop has begun ♪ ♪ jingle bell rock, jingle bell time ♪ [ male announcer ] at scottrade, you won't just find us online, you'll also find us in perso with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you kno becau personal service starts with a real person. rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it's no wonder so many investors are saying... [ all ] i'm with scottrade. ♪ [ male announcer ] they are a glowing example of what it means toe the best. and at this special time of year, they shine even brighter come to the winter event and get the mercedes-benz y've always wished for, now for an exceptional price. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 glk350 for $399 a month
, which is important. >>> hundreds of students at cal state fullerton have been on lockdown for hours as police search the campus for two robbery suspects. the men are accused of shooting a jewelry store employee before leading officers on a wild car chase that ended near the campus. police are not certain the men are still on the grounds, but they're going from room to room in several halls just to make sure. >>> we're learning more about the gunman in that oregon mall shooting. friends say jacob tyler roberts was friendly, outgoing, not the profile of the typical angry loner involved in these types of shootings. his former girlfriend even spoke about the relationship exclusively to abc news. >> this was the last thing i would have ever expected, especially from him. he was just too sweet. never mean to anybody. >> roberts's aunt who raised him expressed shock and sorrow, saying the violent behavior was simply out of character. >>> and there were incredible survival stories in the aftermath of the shooting. abc's david wright reports we can learn something from shoppers who lived thr
they are investing in these stocks. >> david, you mentioned some of the pension funds. calpercent calpercent -- cal pers is one of them. >> and leaders in this. >> and who do they sell them to. looking at what happened to the value of some of these companies, there's discussion it's a foreign buyer. >> in the current environment, although economics will tell you there's always a price for something, you can discount it to a certain extent as a result of the political environment. that being said, there have been no laws at this point passed in any way, shape or form in terms of -- >> no guarantee there will be one. >> no. >> a leg up on what to expect this trading day. that is next. and later, getting into holiday spirits with a company known for absolute and we'll talk with brian frey. take a look at futures one more time. hopes for a deal on the fiscal cliff. [ male announcer ] at scottrade, you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service
are guaranteed admission to one of several schools in the cal state university system provided they meet the basic requirements like juana martinez. >> i only went to elementary school. >> reporter: she graduated from pk so her daughter, alejandra, could have a better future. >> make your mother proud. i don't want the latieina community to just be a large community, i want them an educated community. >> something longoria talked about on the campaign trail and now as a co-chair of president obama's inaugural committee. are you nerve us? >> i'm very nervous. >> what will you wear? >> who knows, i don't know. >> reporter: politics and philanthropy, making a difference in both. >> i'm funding these programs because i believe in them. i think it's important that you, yourself as a role model, as a philanthropist, as an activist that you yourself give out of your back pocket. i would give my shirt off before i would ask to you give yours. >> that's right she's the real deal and remember, hey, listen, stop it, guys. remember, the latino community is the largest and fastest growing demographic
product. so with the judge making findings regarding each one of those types of patents, the damages cal could you slags different it for each one of those. if only one is left standing, you would use a different damages calculation. so the judge is trying to reverse engineer to find out how the jury arrived at its damages findings. >> samsung is trying to get a new trial to be held. is there any hope in that? >> that's sort of the hail mary pass, if you will. if they can succeed with that argument, yes, it could potentially wipe out the entire judgment. but conventional wisdom, it's an uphill battle. >> whatever her decision is, how whether it shape the rest of the case? because presumably they'll keep fighting, it will go to appeals and who knows, might go all the way to the supreme court. what will her decision mean for the rest of the journey of this battle? >> you're right, we can anticipate that it will go up on appeal. i think the dollar amount that we're talking about, if there is ever going to be any settlement discussions, what the dollar amount is where the parties will be wor
the leon and sylvia and the institute at cal state university at monterey bay. to promote public service. he served eight terms in congress. rising to chairman of the house budget committee in 1989. then president clinton's director of the office of management and budget to replaced by me in welcoming to the national press club secretary defense leon panetta. [applause] >> thank you very much, theresa, for that kind introduction. thank you for the introduction to be here today. i look forward to the opportunity to go back and pick walnuts back in california. told this story before but it makes the point. when i was young, my father when he first planted that walnut orchard as a group, he would go around and shake each of the branches. my brother and i would be underneath collecting the walnuts. when i got elected to congress, my italian father said you have been well trained to go to washington. because you have been dodging nuts all your life. [laughter] [applause] it was great training. i have had the opportunity to be here at the press club in some of my past jobs as a member of congr
weapons of mass destruction and what that could mean. more than 40,000 syrians have been killed, cal was have been injured. refugees surged into neighboring turkey, jordan, lebanon and iraq taxing the limits of those countries and creating a regional crisis. assad's escalation of violence has reached the point where fighter jets have been used to kill civilians according to human-rights watch. hard to comprehend that happening in any country but that is what has played out. this regime's shocking capacity for widespread terror will only grow as we see reports that chemical weapons have been prepared for use. international institutions will largely remain on the sidelines, held hostage by the reprehensible policies of the russian and chinese governments. maybe there is change. we will see what happens. the administration was right to initially work with the united nations but unfortunately due to chinese and russian in transitions these efforts have only served to prolong suffering of the syrian people. we need a new course. ambassador ford, you heard from him already, ambassador ford
purchase to the pharmaceutical companies. it's really not to us as human newscast. it's the farm sought cal aspects of that. so when you -- your next question --'ll come back to that. what happened in mart d and actually president clinton referred to this in his speech at the democratic convention -- is actually bringing the cost of the pharmaceuticals down. what it's doing is similar to what i wag talking about relative to capitalistic competition. we did a joint venture just a few years ago with wal-mart. and we introduced a $15 a month drug plan. $15 a month. and the city thought we were crazy to do this, but what we did is we worked with wal-mart's purchasing power, wal-mart distribution capabilities capabd management and our ability to bring solutions to our members. and brought our product out. this his brought down the price of part d significantly. this year united came off witness a $15 plan and doing it with target and cvs and that's bringing competition to the market place. you're right, maybe you can't take the anthem plan and the humana plan at the time of purchase and use thos
and then a talk about innovation and the u.s. economy. >> tomorrow on washington journal your cals and reaction to the shooting in connecticut. followed by a discussion about how states with strong defense industries are bracing for sequestration. the scheduled january across the board cuts affecting federal agencies and departments. our guest is juana summers, and later advice for preparing 2012 federal taxes and a look at new taxes taking effect in 2013. kipling gary editorial director kevin mcconnell is our guest. washington journal with your calls, 2003s and e-mails, live at 7:00 eastern on c-span. >> tomorrow, a draft constitution by egyptian president muhammad morsi that would expand his decisionmaking powers is up for a vote. the vote has brought protests. next we'll talk about developmentness the country and security throughout the region with an expert on the muslim brotherhood and a former israeli ambassador to egypt. this is an hour and a half. >> looking at the political competition within egyptian society, what is likely to be the outcome not just of the referendum but the next ste
call: stphaot quorum cal: quorum call: mr. leahy: madam president? the presiding officer: the senator from vermont. mr. leahy: madam president, i ask unanimous consent the quorum call be dispensed with. the presiding officer: without objection. morning business is closed. under the previous order the senate will resume consideration of h.r. 1, which the clerk will report. the clerk: calendar number 14, h.r. 14, an act making appropriations for the department of defense and other departments and agencies -- mr. leahy: i ask consent that further reading be dispensed with. the presiding officer: without objection. mr. leahy: madam president, i see the distinguished senior senator from new mexico on the floor, and i would yield to him. the presiding officer: the senator from new mexico. mr. bingaman: i thank my colleague, senator leahy. i would -- madam president, what is *t pending business before the senate now? is it an amendment to this legislation? the presiding officer: amendment number 3371 is the pending business. mr. bingaman: madam president, i'd ask that that amendment be set a
close to a million on a cube cal overhaul? some people might, more when we come back on today's million-dollar minute. [ male announcer ] 'tis the season to discover the kid in all of us. enjoy free shipping and great values on your holiday shopping from l.l. bean. enjoy free shipping wooohooo....hahaahahaha! oh...there you go. wooohooo....hahaahahaha! i'm gonna stand up to her! no you're not. i know. you know ronny folks who save hundreds of dollars switching to geico sure are happy. how happy are they jimmy? happier than a witch in a broom factory. get happy. get geico. fifteen minutes could save you fifteen percent or more. having you ship my gifts couldn't be easier. well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. [ male announcer ] break from the holiday stress. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply st
on what politically bract cal to get done, what we can actually eliminate. but you can eliminate a lot of these tax expenditures, broaden the base, simplify the code and bring down ritts. >> who in the base would go for that? that would be -- have you heard anyone in the president's base that would go for that? >> yeah, they would. not to say it's not difficult, it's not hard. we proved that people like dick durbin would move forward. >> i know. that's great. i know. durbin has risen above. he's risen above. >> he really has. >> yeah. >> we thank you very much. >> thank you for having me. i enjoyed it. >> we appreciate your helping us navigate what is an incredibly difficult thing for us to understand but you make it seem very, very easy. thank you, erskine. >> okay. good. stay at it. let's rise above. >> thanks. >> using 23 from now. >> that's zeroing out everything. earned income credit, the -- >> i'm going to stay 23, and i'm going to have a sound bite. you have questions, or comments, about -- kayla, you're back? >> she's talking twinkies. >> oh, my god. she's like, wow. kayla's ta
. it plans to suspend palestinian cal development of its drugs to treat prostate cancer as it goes through this process. also sprint is buying the part of clearwire it doesn't already own for $2.97 a share. that deal was announced last hour. some clearwire shareholders had been holding out for a higher offer. >>> and aig will reportedly raise up to $6.5 billion by selling the rest of the asian unit aia. that would mark a complete exit by aig from that business after nearly 100 years. aig sold part of the aia business back in the aftermath of the 2008 financial crisis. >> let's get back to our special guest, david tepper, founder, and chief investment officer of the hedge fund appaloosa management. last time, this time, couldn't we sum up a lot of what you said, it's crazy to fight the fed. i mean it's that simple? >> yeah, i mean, look, there's other events that can happen that can, you know, like i said, d.c. can screw things up a little bit. but generally speaking the fed -- >> you think? >> generally thinking what the fed has done has worked in the real economy. what the fed has done ha
aisle. it's about walmart and the mechanics cal can business that was aggressive and creative and a corrupter offering large payoffs to get what the law otherwise prohibited. the times reports that the retailer wanted to build a store in an alfalfa field in a town's main entrance which was barely a mile from some ancient pyramids. the town's elected leaders had prevented the new zoning map that would have prevented it. walmart officials decided to undo the damage by a well played bribe and the guy drawing the map drew it a little differently. >> that's exactly what happened. they found the old map and the new map. they found a disk in a shoe box showing the differences. it was incredible. >> the zoning map would not become law until it was published in a government newspaper, so walmart reportedly arranged to bribe an official to change the map before it was sent to the newspaper. walmart issued a statement saying the allegations are part of that company's ongoing investigation of the last "new york times" piece. >> that wasn't a denial. >> no. but we knew about this. and then
.e.c. chairman harry pitt. the current ceo of cal rama partners. this deal is a little bit different, correct? this one might past with muster? >> yes, i think this one has a fairly high percentage of likelihood of passing. doesn't raise the same problems because of the antitrust issues that really defeated the last several efforts. >> but the interesting part here is what it really says about equities trading and how that business has really changed drastically over the last decade or so. >> it does. and also what's happened to the new york stock exchange, which has effectively become a wasting asset. it's kind of sad to see what was once the premiere exchange in the world now selling for what is a relatively low price compared to historic value. but it does mean that equity trading is not the wave of the profitable future. that really belongs to derivatives and futures. >> is this just something that happened because of what's come about with the machines? the rise of the machines, fewer people on the floor, how margins have been compressed? is this something you could have seen happening t
that are bad and then, boom, now they're back together. i prefer cvs to cal greens. but i do not think this deal will get hammered. >> we'll keep an eye on walgreen's. >> i want to talk about nike and red hat. these are the two best stories of the day. if they stay up, i think what you're going to say is maybe things are not as bad with fiscal cliff. china not as bad as we though, u.s. very strong. so nike, if it goes back to 97, it means we're going to have a real bad couple of days in my view. look at red hat. red hat is a technology company that is deeply involved in the cloud. they, too, had a better than expected number, as did oracle in the cloud. so these are my two tales for the trading today, david. if you pick the best of the best and they go down, you'll really have a couple of -- >> when it comes to the so-called cloud play and the use of it in the competition here, is that one of the key names? >> yes, it allows you to manage cloud in a cheap -- an anti-microsoft business. their partner is sales force.com. i'm really using these as tells. in other words, these are the ones
the no-pick circle draw. the circle draw. look at this. >> let me do a super-cal i straighter on r.i.m. >> did you get that? >> down here. >> i've got to go commando here. it's down here. that's where it is. all work and no play makes jack a very dull boy. >> there you go. it may be the 17 sued a feds i took before the show. >> oh, the memories. good times, right? >> when he's gone, you really miss him. >> he'll be back on wednesday, in time to trade the fiscal cliff. all right. the deadline, of course, just hours away. if lawmakers wind up kicking the can down the road, they may want to come up with a way of saying so. that son the annual list of words to be ban issued. spoiler alert, trending and bucket list, not surprisingly the phrase that got the most nominations this year, fiscal cliff. so that brings us to this morning's squawk on the tweet. what other phrases should be banned and why. and remember, try and keep it clean. tweet us at squawk street. we've got your responses throughout the morning. fiscal cliff definitely has to go. >> i can't wait for hash tag to go away. >>
with the boston symphony and we get a lot of classic cal music in the house. we have 11-year-old twin boys and they have their preferences, maybe it's because they're playing most of the popular music i'm hearing in the house i have such a negative take on it. >> do you have an i pod? >> no an ipad. >> do you listen to music on there? >> no i listen on cd and vinyl. >> they have said taylor swift is named after you. what do you think of her music? >> i like her music. and i like the name too. i do think she is a creative singer song writer. she's a remarkable marketing phenomenon and if she can survive that. and it's a hard thing to survive i think. but she seems to have a very clear head on her shoulders and i think if anyone can, she can make it through and continue to evolve as an artist because it's sort of the marketing hit is if you're lucky enough to be successful, that particular passage that an artist has to make, if he's lucky enough or she's lucky enough can be a real jarring life changing event. it can really shake you up, going from being very private to very public. >> many p
directed the leon and sylvia and the institute at cal state university at monterey bay. to promote public service. he served eight terms in congress. rising to chairman of the house budget committee in 1989. then'pressing s director of the office of management and budget -- then president clinton' director of the office of management and budget to replaced by me in welcoming to the national press club secretary defense leon panetta. [applause] >> thank you very much, theresa, for that kind introduction. thank you for the introduction to be here today. i look forward to the opportunity to go back and pick walnuts back in california. told this story before but it makes the point. when i was young, my father when he first planted that walnut orchard as a group, he would go around and shake each of the branches. my brother and i would be underneath collecting the walnuts. when i got elected to congress, my italian father said you have been well trained to go to washington. because you have been dodging that's all your life. -- nuts all your life. [laughter] [applause] it was great training. i
Search Results 0 to 25 of about 26

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